Auto industry records broad-based growth; outlook remains optimistic: Report

New Delhi [India], February 4 (ANI): The Indian automotive sector recorded a steady climb in the first ten months of the current fiscal year, with cumulative domestic two-wheeler (2W) sales growing by 9 per cent year-on-year (YoY) to 1.5 crore units and the passenger vehicle (PV) industry posting a 7 per cent YoY increase to approximately 35.2 lakh units. According to the monthly volume update for the automotive indust